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Navajo Wind Energy acquires Chinese wind farm and power trading company GJCL
(25/02/2009)

Navajo Wind Energy Corp. has announced that it has acquired Guangzhou Jianianxiang Co. Ltd. (GJCL), a Chinese wind farm and power trading company. This strategic acquisition is expected to give the Company a comparative advantage in developing its wind power generating facilities in China. GJCL, originally an electrical engineering firm, has evolved to focus on the wind power generation industry over the last four years. During this time,... [more]

Navajo Wind Energy secures financing to develop wind energy projects in China
(27/01/2009)

China is one of the world’s largest and most attractive markets for renewable energy projects. Wind power generation has increased by more than 100 percent per year since 2005 in China, but it still relies heavily on coal which supplies 65 per cent of the country’s energy needs. China currently ranks fifth globally in installed wind energy capacity with over 9,000 MW in 2008, with forecasts projecting an increase to 50,000 MW by 2015. In 2006... [more]

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